On September 22, ZIJIN GOLD INTL fell 3.29% in regular trading, trading at 149.0 HKD/share, with turnover of approximately HKD 130 million. The gold sector continued its broad-based retreat as hawkish Fed rhetoric reinforced tightening expectations.

On the news front, the Fed recently raised interest rates by 25 basis points to 3.75%-4.00%, marking its first rate hike in three years. The latest dot plot signaled at least one additional hike this year. Fed official Kashkari further warned that inflation remains too high, strengthening market expectations for prolonged monetary tightening. Spot gold prices have retreated sharply from recent highs, with the precious metals complex remaining under sustained pressure.

Within the Gold sector, the decline was broad-based. Among peers, CHINAGOLDINTL fell 1.11%, SD GOLD fell 1.25%, LINGBAO GOLD fell 3.01%, ZHAOJIN MINING fell 1.51%, and CHIFENG GOLD fell 0.79%. Notably, ZIJIN GOLD INTL's recent short-selling ratio reached 46.76%, the highest in the sector, reflecting significant bearish positioning. Despite the near-term headwinds, multiple brokerages including Morgan Stanley and Pacific Securities have maintained bullish ratings on the company, citing strong first-half earnings growth and multi-project expansion potential.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)